Credit Union Location in Springfield, Massachusetts

Activity of the credit union consists of organizing mutual financial assistance by meeting the needs of its members in the services of saving and obtaining loans. Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings. In the case of default the shareholder - individual will respond with its property and, in addition, is jointly and severally liable with the credit union's commitments. Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies. U.S. credit unions have another significant difference from the credit cooperatives of farmers: the first have major proportion of short-term loans, the second - long and mostly in real estate.

Credit Union Location in Springfield, Massachusetts

Springfield, Massachusetts have 8 agent Credit Union location in your country. All country.

Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. In the case of default the shareholder - individual will respond with its property and, in addition, is jointly and severally liable with the credit union's commitments.

Agent	Contacts
C U Of Providence Systems Federal Credit Union, Springfield	271 Carew Street Springfield, MA 01104 Phone: (413) 748-9590 Routing number: 24425 Charter number: 211892023
Freedom Credit Union, Springfield	1976 Main St Springfield, MA 01103-1010 Phone: (413) 739-6961 Routing number: 66824 Charter number: 211885988
Greater Springfield Credit Union, Springfield	1030 Wilbraham Road Springfield, MA 01109 Phone: (413) 782-3161 Routing number: 67902 Charter number: 211885920
Massmutual Federal Credit Union, Springfield	1295 State St Springfield, MA 01111 Phone: (413) 744-3431 Routing number: 24566 Charter number: 211885836
Pioneer Valley Federal Credit Union, Springfield	246 Brookdale Drive Springfield, MA 01104 Phone: (413) 733-2800 Routing number: 24443 Charter number: 211885946
Springfield Street Railway Employees Credit Union, Springfield	640 Page Boulevard Room 102 Springfield, MA 01104 Phone: (413) 781-4454 Routing number: 67965 Charter number: 211885904
Springfield Teachers Credit Union, Springfield	145 Industry Avenue Springfield, MA 01104 Phone: (413) 732-9812 Routing number: 61189 Charter number: 211885917
Wemelco Credit Union, Springfield	300 Cadwell Drive Suite 2 Springfield, MA 01104-1732 Phone: (413) 787-9278 Routing number: 67735 Charter number: 211886275

The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests. The uniqueness of credit unions is that they put together the principles and benefits of financial cooperatives, consumer cooperatives and mutual aid funds, born once by trade unions. Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks.